Merrill Lynch

Merrill Lynch is a wealth management division of Bank of America that was founded in 1914 by Charles E. Merrill and Edmund C. Lynch. The company occupied all 34 stories of 250 Vesey Street in Manhattan, New York City, and the company was one of the most powerful wealth management corporations in the United States until the Great Recession of 2008. In January 2009, Merrill Lynch was acquired by Bank of America, and it came to employ 15,000 financial advisers and manage $2.2 trillion in client assets.